(2) Shall provide, with the assistance of certain executive
branch agencies, technical assistance to the administrators of the
various state spending units in the design and implementation of
fiscal risk analysis and management procedures and systems;

(3) Shall evaluate, with the assistance of certain executive
branch agencies, the economic justification and suitability of
acceptable fiscal risk levels, the management thereof, and related
services and review and make recommendations on the need for
acquisition of fiscal risk analysis, management consulting and
actuarial services by the state spending units;

(4) Shall develop a mechanism for identifying those instances
in which the sound application of fiscal risk analysis and
management principles can assist agencies in reducing their
exposure to or frequency of loss;

(5) Shall create new tools to assist agencies of government in
fulfilling their duties, convene conferences and develop incentive
packages to encourage the use of sound fiscal risk management
principles;

(6) Shall engage in any other activities reasonably related to the findings and purposes set forth in section one of this article,
as directed by the governor; and

(7) Shall charge a fee to be assessed by the chief risk
officer to the state spending units for evaluations performed and
technical assistance provided under the provisions of this article.

Note: WV Code updated with legislation passed through the 2014 1st Special Session
The WV Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.